Allied Properties Real Estate Investment Trust (Allied Properties) develops and owns urban office spaces. The company is an unincorporated closed-end real estate investment trust, which offers urban workspace and network-dense UDC space in major cities in Canada. The company owns and manages a portfolio of Class I office properties in the areas of Montreal, Ottawa, Toronto, Kitchener, Calgary, Edmonton and Vancouver. The company serves office and retail users. The key properties of the company include 50 Breithaupt The Tannery, 8 Place du Commerce, Boardwalk and Revillon Building, and 151-155 West Hastings Street among others. Allied Properties is headquartered in Toronto, Ontario, Canada.
Allied Properties Real Estate Investment Trust premium industry data and analytics
Products and Services
Services |
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Operation of Class I Office Properties |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In June, the company entered into an agreement to sell the urban-data-centre (UDC) portfolio in downtown Toronto to KDDI Corporation for C$1.35 billion. |
2023 | Others | In January, the company completed the initial phase of its exploration of the sale of its network-dense, carrier-neutral, urban-data-centre (UDC) portfolio in Downtown Toronto. |
2022 | Plans/Strategy | In November, the company announced its plans to sell its urban-data-centre (UDC) portfolio in Toronto. |
Competitor Comparison
Key Parameters | Allied Properties Real Estate Investment Trust | CT Real Estate Investment Trust | Killam Apartment Real Estate Investment Trust | Morguard North American Residential Real Estate Investment Trust | Melcor Real Estate Investment Trust |
---|---|---|---|---|---|
Headquarters | Canada | Canada | Canada | Canada | Canada |
City | Toronto | Toronto | Halifax | Mississauga | Edmonton |
State/Province | Ontario | Ontario | Nova Scotia | Ontario | Alberta |
No. of Employees | 386 | 59 | 689 | - | - |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Gordon R Cunningham | Chairman | Executive Board | 2002 | - |
Michael R Emory | Chief Executive Officer; Trustee; President | Executive Board | - | 67 |
Cecilia C Williams | Chief Financial Officer; Executive Vice President | Senior Management | - | 46 |
Thomas G Burns | Executive Vice President; Chief Operating Officer | Senior Management | - | 67 |
Leslie Chen | Corporate Controller | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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